To: Mama Bear who wrote (28273 ) 4/9/1999 12:28:00 AM From: Francois Goelo Read Replies (2) | Respond to of 122087
Should short sellers include a disclaimer when Company bashing? It is an interesting and very valid question. I believe that anyone with a vested interest (long or short), commenting (praising or bashing) a particular Company in a way that might affect the market value of its shares, should disclose his/her interest. Short sellers usually complain that investors heaping praises on the merit of certain Companies, don't include a disclaimer disclosing their position or interest. That's a fair comment, but it should work both ways, in all fairness. Below is the standard disclaimer I usually include whenever I comment on the perceived value of a Company: Disclaimer: I am not an investment advisor and am not compensated whatsoever by any of the companies on which I report my opinion. This opinion is for my sole use and potential investor should do extensive Due Diligence before taking long or short positions in any stock. My projections could be way off, as I am biased in favour of xxxx Company, since I currently own xxxxx of its shares. Here is an idea for a typical short seller's disclaimer:"I am not an investment advisor and am not compensated whatsoever by any of the companies on which I report my opinion. I am bashing this Company for a simple motive: bring its stock down, so that I can profit from my short position. Do your due Diligence and don't believe a thing I say, as I am very biased against this Company since I am short xxxxx number of shares" There could be other variations on the same theme, of course. Wouldn't this world be a nicer place to live if we all respected a small number of basic, gentle/wo/manly rules of fairness to all concerned? BTW, I am glad Flodyie is coming back, as he left some unfinished work on the SFLK thread and I would like to buy some inexpensive shares before it bounces back up. Please, see my last post about him:Message 8750256 Regards, F. Goelo + + +